The invention of the corporation is correctly understood as the point at which a postindustrial society emerged.

Question

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The invention of the corporation was a significant development in the history of business and economics, but it does not mark the emergence of postindustrial society. Postindustrial society is a concept that describes a shift away from manufacturing and towards service-based industries, and it emerged gradually over the course of the 20th century. The rise of the corporation was certainly a factor in this shift, but it was not the sole cause or defining moment.

The Invention of the Corporation Is Correctly Understood as the Point